NEW PR 2 Form 8-K for UNI-PIXEL 3-Sep-2015 Unregistered Sale of Equity Securities ITEM 3.02 UNREGISTERED SALES OF EQUITY SECURITIES. On September 1, 2015, Hudson Bay Master Fund Ltd. ("Hudson Bay") exercised its right to accelerate the payment of $700,000 of principal pursuant to the terms of that certain Senior Secured Convertible Note issued by Uni-Pixel, Inc. (the "Company") to Hudson Bay on April 16, 2015. On September 1, 2015, the Company issued a total of 1,854,243 shares of its common stock, $0.001 par value, to Hudson Bay in payment of the accelerated principal and for the payment of the installment due on September 1, 2015 in the amount of $750,000 in principal and $26,718.75 in interest. The Company relied on Section 4(a)(2) of the Securities Act of 1933 to issue the unregistered shares of common stock, inasmuch as Hudson Bay is an accredited investor and there was no form of general solicitation or general advertising in the offer and sale of the securities.